Airports: Business Rates
The question
To ask the Chancellor of the Exchequer, with reference to the answer of 6 March 2026 to Question 116216 on Airports: Business Rates, if she will provide a relevant hyperlink to the revised guidance.
Answered by Dan Tomlinson
Guidance for assessing the rateable value of airports in the 2026 Rating List for which hereditaments were valued in 2024 can be found here: https://www.gov.uk/guidance/rating-manual-section-6-part-3-valuation-of-all-property-classes/airports-practice-note-2026
The guidance sets out that there are no changes from the 2023 rating list approach for major international and regional airports using the receipts and expenditure basis of valuation.
To provide long term predictability and stability for the sector, the Government published a Call for Evidence exploring concerns airports and a small number of other ratepayers have raised around the ‘Receipts & Expenditure’ valuation methodology and its impacts on long-term, high value investments. Through this Call for Evidence, we will seek to address issues raised ahead of the 2029 revaluation.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →